The banking option for the entire customer should maintain the security and the privacy. The online banking system is completed on both open and close network. For the closed network, banking requires the clients to direct bank internal data processor for transaction. The customer of the bank should follow the specific software for the closed network system. There a high risk of security breaches for that reason the privacy concern of the customer are reduce (Pechinko et al., 2017). On the other hand, the open network processing goes through the various networks before goes into the banking processor so there is an also a risk regarding data transfer. Most of the hackers make the malware. The malwares are the corrupted data that are used as a linker between bank and third parties software and also capture or block all the information or data from the account so that is the main problem for the of the online banking system (Kaur, 2017).
On the other hand, some fraud people introduce them as a bank employee and take the account number and the password from the customer and debit all the money from the customer’s account. So it is very important for the entire customer to do not share the private data with the unknown persons. There are different types of malicious scripts found daily in the internet and some of these scripts are reside in the computer and capture all the login details and password information for enter in that page and then this information is send via internet connection to the other malicious individuals so that they can access the peoples bank account and the other personal sites that are require to log in (Wonglimpiyarat, 2016). It is important for the people to run the regular malware sweeps to avoid these traps.
Interception of the key customer authentication data is one of the major problems for net banking. Most of the hackers are used that route in the bank’s server to capture all the information and later use it for the fraudulent purpose (Kaur, 2017).
For that internet related problems, the government and the cyber crime department of china take the major steps against the fraud people who are involved with the cyber crime.